Energy Transition
News
December 30, 2024
Flotek has provided an update regarding flare monitoring regulations issued by the Environmental Protection Agency (EPA). The EPA's proposed amendments, issued Dec. 20, address industry concerns on the complexity of flare monitoring and testing.
News
December 30, 2024
Cheniere Energy announced that liquefied natural gas (LNG) was produced for the first time from the first train (Train 1) of the company’s Corpus Christi Stage 3 Liquefaction Project (CCL Stage 3).
Article
December 2024
Following the election of a new UK government in the summer of 2024, substantial policy changes affecting the future of the UK Continental Shelf have been made. These continue to dominate the investment environment.
Article
December 2024
For decades, the oil and gas industry has been the backbone of global strength—fueling economic growth, creating high-paying jobs, and ensuring energy security. But today, the definition of success is evolving. Confronted by increasing regulation, rapid technological change, and shifting global priorities, our industry must reimagine what it means to “win” in this new era.
Article
December 2024
The East African Ruvuma-Rufiji gas basin holds potential to address rising global LNG demand, with substantial reserves and key market proximity. However, Mozambique and Tanzania face ongoing security and regulatory challenges, which could delay LNG production, particularly with demand projected to rise through 2030.
News
December 27, 2024
Golar LNG has acquired Seatrium’s and Black & Veatch’s minority ownership interests in the FLNG Hilli. The total consideration for the acquisitions is $90.2 million, of which $59.9m is in equity and $30.3 million is a pro-rata share in the existing FLNG Hilli debt facility.
News
December 26, 2024
The Sanha Lean Gas Connection project – situated in Angola’s Benguela province – has achieved first gas production. The project is spearheaded by the Cabinda Gulf Oil Company, Chevron’s Angolan subsidiary.
News
December 23, 2024
Annual methane emissions stemming from oil and gas production operations in the Permian basin decreased 26% in 2023 from the previous year, according to a new analysis by S&P Global Commodity Insights.
News
December 22, 2024
ProPetro Holding Corp. has entered into a term contract to provide electric hydraulic fracturing services to a large independent Permian-focused oil and gas operator.
News
December 20, 2024
(Bloomberg) – The largest oil producer in the United Arab Emirates is focused on closing its nearly $13 billion acquisition of German chemical maker Covestro AG which would establish a base for international growth.
News
December 19, 2024
Kongsberg Maritime has secured a substantial contract to provide an integrated package of electrical, control, safety and propulsion systems for the Golar Mk2 Floating Liquified Natural Gas (FLNG) project.
News
December 18, 2024
The Energy Workforce & Technology Council have released a statement in response to the U.S. Department of Energy’s (DOE) study on the impacts of liquefied natural gas (LNG) exports.
News
December 18, 2024
The American Petroleum Institute (API) have released a statement in response to the U.S. Environmental Protection Agency's (EPA) granting California’s request for a Clean Air Act waiver for the Advanced Clean Cars II (ACC II) Light- and Medium-Duty Vehicle Standards.
News
December 17, 2024
The American Petroleum Institute (API) and the National Ocean Industries Association (NOIA) have issued separate statements in response to the U.S. Department of Energy’s (DOE) study on the impacts of liquefied natural gas (LNG) exports.
News
December 16, 2024
Following an announcement that the UK and Norway governments have agreed to support a new Green Industrial Partnership that will combine their capabilities on clean energy and drive economic growth, OEUK published a response.
News
December 16, 2024
Diamondback Energy, Halliburton Energy Services and VoltaGrid LLC have entered into a landmark agreement to deploy four advanced electric simul-frac fleets across the Permian basin.
News
December 16, 2024
Venture Global announced it has reached first liquified natural gas (LNG) production at the company's second facility, Plaquemines LNG, in Port Sulphur, Louisiana. The milestone was achieved just 30 months from its Final Investment Decision (FID).
News
December 12, 2024
Baker Hughes and the University of California, Berkeley have announced a new long-term research partnership to establish the Baker Hughes Institute for Decarbonization Materials at UC Berkeley’s College of Chemistry.
News
December 11, 2024
Tenaris and IGI Poseidon, a joint venture between Greece’s DEPA International Projects and Italy’s Edison S.p.A., have joined forces to advance the hydrogen transportation via ultra-deep offshore pipelines.
News
December 10, 2024
INEOS with its partners Harbour Energy and Nordsøfonden, has made a Final Investment Decision (FID) on the first commercial phase of Project Greensand, with storage operations set to begin at the end of 2025/early 2026.
